7, LANTERN VIEW, NEW MILLS, HIGH PEAK, SK22 3EE - £310,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

7 LANTERN VIEW is a large extended detached house of 138m², built sometime between 1983 and 1990. It was last sold for £310,000 in May 2015, which was around 14% above the average May 2015 detached price in the High Peak local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.

7 LANTERN VIEW Sold Prices

Land registry data shows three sales for 7 LANTERN VIEW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the High Peak local authority area for the corresponding sale date. Two of the three 7 LANTERN VIEW sales were for above the average price, whilst one was for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 22 MAY	£310,000	£272,257	14% above HPI
2007 19 JUL	£250,000	£270,037	7% below HPI
1995 21 APR	£102,500	£90,397	13% above HPI

7 LANTERN VIEW Price Paid vs. HPI Average

The below graph shows the average detached house price in the High Peak local authority area over time, sourced from the HPI. The three 7 LANTERN VIEW sales between April 1995 and May 2015 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 2007 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the May 2015 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 7 LANTERN VIEW?

7 LANTERN VIEW is 138m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the largest 30% of detached houses in New Mills, based on EPC data. The below chart shows the distribution of detached houses by size in New Mills, and where 7 LANTERN VIEW lies on this distribution: 70% of detached houses are smaller than 7 LANTERN VIEW, and 29% of houses are larger. Note that EPC data is not available for all properties in New Mills.

7 LANTERN VIEW: Plot and Title Map

7 LANTERN VIEW sits on a plot of roughly 2.6 acres, or 10,399m². The below map shows the location of 7 LANTERN VIEW, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 7 LANTERN VIEW). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 7 LANTERN VIEW?

7 LANTERN VIEW is located in NEW MILLS, in the SK22 postcode district. The below map shows the position of No. 7 on LANTERN VIEW.